Indonesia's heavily depreciated rupiah makes it more difficult for Indonesians to study abroad or to send their children to universities abroad without having the financial aid in the form of a scholarship. For those that are thinking of making such a decision, they need to take into account the performance of the Indonesian rupiah as well as the inflation outlook in the country of destination. So far in 2015, the Indonesian rupiah has depreciated 18 percent against the US dollar, 9 percent against the euro, 14 percent against China's yuan, and 2.4 percent against the Australian dollar.
17 November 2019 (closed)
USD/IDR (14,069) -29.00 -0.21%
EUR/IDR (15,513) +3.99 +0.03%
Jakarta Composite Index (6,128.35) +29.40 +0.48%
Due to its sheer vastness Indonesia contains a rich variety of cultures. Jakarta, Indonesia's capital city and the center of national politics and economics, is the melting pot of many such cultures. Starting from the colonial era - when the city was known as Batavia - people came from all corners of the archipelago to this developing megacity in search of a livelihood. As a consequence Jakarta currently has a population of almost ten million people (official figure). The distance from the area of cultural origin, however, has resulted in a fading of some cultural features (especially for those families that have been living in Jakarta for multiple generations), but it has been 'enriched' by a distinct urban culture.
From 12 June to 6 September 2015, the Stedelijk Museum Amsterdam, a Dutch museum dedicated to modern and contemporary international art and design, exhibits the work of Indonesian art group Tromarama. Tromarama, formed in 2006 (in Bandung), consists of Febie Babyrose (1985), Herbert Hans (1984) and Ruddy Hatumena (1984), all graduated from the well-known Bandung Institute of Technology. Although the group experiments with different artistic approaches, animation remains their favourite means of expression.
Abdul Muis (in old Indonesian spelling Abdoel Moeis), 1886-1959, was an Indonesian novelist, journalist and advocator of Indonesian independence from the Netherlands. As a novelist, Muis is most remembered for being the author of Salah Asuhan (Wrong Upbringing), a novel that is regarded as one of the great pieces of early modern Indonesian literature. As a journalist and freedom fighter, he is remembered for his blunt criticism toward the colonization of Indonesia. As a result he was arrested and spent several years in exile.
Next month it will be the 60th anniversary of the first Asian African Conference, held in the Gedung Merdeka in Bandung (West Java) between 18 and 24 April 1955. This conference, which is also known as the Bandung Conference, is regarded as a milestone as it was the first time an encounter took place among 29 Asian and African countries - many of which had just gained independence from western colonizers - with the aim to promote Afro-Asian economic and cultural cooperation as well as to oppose (neo)colonialism.